SB SouthBuy-side
2541 Modoc Rd
Santa Barbara, CA · Closed February 2008
$8,200,000
Sale Price
37
Units
6.15%
Cap Rate
$222K
Price/Door
Multifamily
Asset Type
Transaction details
2541 Modoc Road in Santa Barbara, California, a 37-unit apartment property, sold in February 2008 for $8,200,000 ($221,622 per unit). The Golis Team at Radius Commercial Real Estate represented the buyer. It is one of 231 sales the team has closed in Santa Barbara South County since 2003, including 4 on Modoc Road.
- Address
- 2541 Modoc Rd, Santa Barbara
- Close Date
- February 2008
- Sale Price
- $8,200,000
- Units
- 37
- Cap Rate
- 6.15%
- Asset Type
- Multifamily
- Role
- Buy-side
- Submarket
- Santa Barbara South County
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